ABB_id2059
in News Departments > FYI
print the content item

AES Corp., an Arlington, Va.-headquartered owner and operator of renewable energy facilities, including wind, and Stamford, Conn.-based GE Energy Financial Services, a unit of General Electric (GE), have created a partnership to develop renewable energy projects in the U.S. to reduce greenhouse gas emissions.

According to the companies, the partnership would seek to create an annual production volume of 10 million tons of greenhouse gas offsets by 2010. Projects to capture and destroy emissions would include methane-based projects, as well as electricity generated from renewable sources. The partnership would sell offsets from these projects to commercial and industrial customers.

Together, the companies plan to invest in projects using equipment from a variety of manufacturers, potentially including GE products certified by its ecomagination program. Part of GE's ecomagination effort is developing wind turbines for terrestrial and offshore use.

Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.

Hybrid Energy Innovations 2015